Mediterranean Diner, Sydney | ID: 1350

8 days ago

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Summary

Rare opportunity to acquire a busy and profitable modern takeaway restaurant in Southern Sydney that will reward the new owner with financial spoils and pride of ownership.

Revenue

$1,350,000 pa

Rent

$105,000 pa

About the Business

Rare opportunity to acquire a busy and profitable modern takeaway restaurant in Southern Sydney that will reward the new owner with financial spoils and pride of ownership.

Key Features:

- Location in a superb corner position with great exposure to foot and road traffic;

- Sales circa $75,000 per week;

- Lease to 2038 with low rent $105K per annum exc. gst (under 3% of revenue);

- Beautifully appointed $2 million fit out. Featuring bespoke fixtures, perfect natural light, full kitchen, separate grill area, 2 x large cool rooms, freezer room, large storeroom and large office.

- Easy flow through access to rear delivery loading dock

- Excellent combination seating for 90 across the site footprint for casual dining and separate room for functions.

- Simple, profitable and popular menu options with all recipes and procedures documented. The strong systems in place will ensure smooth transition.

- Great systems in place that can facilitate roll-out of more locations

- Operation runs with minimal time and supervision required by owner.

- Key staff have worked in the business for many years

- Trading 7 days a week lunch & dinner.

- Active on premises liquor licence;

- Business set up in 2011 by a very skilled, experienced and reputable operator with commitment and passion for good quality, authentic food.

- Outstanding feedback from online review platforms

The current owner has operated the restaurant long term and is looking for a successor to leverage opportunities such as extending hours to breakfast, building on evening liquor sales and ramping up promotions to further capture online sales, functions and catering sales.

A truly unique and magnificent business overall.

Inviting expressions of interest from genuine investors, operators. This high performing operation could suit an experienced couple, single owner operator or it could be run successfully under full management.

The owner is also open to selling an equity share of this business to a genuine operator that could share in the ownership, management and running of the business.

If you would like to know more about this business, please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-forms/ca-form-1350

or visit our website at www.abbabusinesssales.com.au and use the reference #1350 to search for the business.

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